Direct Property
annual super return
as at 30 June 2020
annual pension return
as at 30 June 2020
Why you’d invest
Invest in this option if you have an investment timeframe of at least five years. It’s for those keen to generate returns by investing directly in property, who are comfortable with a higher level of risk.
The minimum investment timeframe is 5+ years.
Return objective
To outperform the return of the direct property market as measured by 90% MSCI/Mercer Australian Pooled Property Fund Index and 10% of the US NCREIF Open-ended Diversified Core Equity (ODCE) Index (AUD Hedged).
To achieve returns after tax and fees that exceed the inflation rate by at least 3% per year (over rolling 10-year periods).
Risk level
Asset class mix
Allocation table for Super & TTI
| Asset class | Benchmark | Range |
|---|---|---|
| Direct property | 100% | n/a |
Allocation table for Pension
| Asset class | Benchmark | Range |
|---|---|---|
| Direct property | 100% | n/a |
Fees
The following example shows the total investment fee you would pay if you had $50k invested in our Direct Property option. These fees aren’t paid directly from your account.
0.04%
This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Direct Property option.
0.56%
This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Direct Property option.
0.60%
$50k balance = $300* total of investment fees.
*Represents the investment fee only. An administration fee also applies to the total cost of the product.
Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.04% + 0.56% = 0.60%) x $50,000 = $300
See fees and costs for further information.
0.04%
This fee is deducted from the Fund’s assets and is reflected in the daily unit price for the Direct Property option.
0.56%
This fee is deducted from investment returns received from, or assets of, underlying investment vehicles and reflected in the daily unit price for the Direct Property option.
0.60%
$50k balance = $300* total of investment fees.
*Represents the investment fee only. An administration fee also applies to the total cost of the product.
Add the investment fee and the indirect cost ratio together, then multiply the percentage by your balance.
(0.04% + 0.56% = 0.60%) x $50,000 = $300.
See fees and costs for further information.
